Alphabet Inc. $GOOGL Position Raised by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,868,824 shares of the information services provider’s stock after buying an additional 65,924 shares during the period. Alphabet makes up approximately 4.0% of BI Asset Management Fondsmaeglerselskab A S’s holdings, making the stock its 4th largest holding. BI Asset Management Fondsmaeglerselskab A S’s holdings in Alphabet were worth $447,129,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet during the second quarter worth approximately $31,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Alphabet during the 3rd quarter worth $53,000. Corsicana & Co. purchased a new stake in shares of Alphabet in the 3rd quarter worth $54,000. Vermillion & White Wealth Management Group LLC grew its position in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after buying an additional 89 shares in the last quarter. Finally, S&T Bank PA increased its stake in shares of Alphabet by 40.2% during the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after buying an additional 99 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Berkshire Hathaway kept its Alphabet stake while cutting Amazon — a high-profile endorsement of Alphabet’s cloud/AI strategy that investors view as a vote of confidence. Read More.
• Positive Sentiment: Strategic demand signal: India’s Adani Group plans a massive AI data-center investment with Google and others, implying future hyperscaler cloud demand in a large growth market. Read More.
• Positive Sentiment: Product roadmap: Google I/O set for May (expectations for AI glasses and other AI-driven consumer launches) provides a visible catalyst for new product monetization. Read More.
• Positive Sentiment: Operational/ESG tailwind: a long-term geothermal PPA will supply Google’s Nevada operations, supporting data-center resilience and sustainability goals. Read More.
• Neutral Sentiment: Waymo oversight: Waymo defended its use of remote-assistance workers to Congress, which clarifies operations but leaves regulatory attention intact. Read More.
• Neutral Sentiment: Product refresh: Google introduced the $499 Pixel 10a with AI features — positive for device ecosystem but modest near-term revenue impact versus cloud/ads. Read More.
• Neutral Sentiment: Insider activity: Director John Hennessy sold 600 shares (small dollar amount relative to market cap) — noted by the market but not a material red flag. Read More.
• Negative Sentiment: High-profile trimming: Terry Smith (Fundsmith) reportedly cut about half of his Alphabet position — a headline that can create short-term selling pressure or signal rotation. Read More.
• Negative Sentiment: Macro/strategy risk: Analysts and coverage flag near-term pullback due to Alphabet’s elevated AI/compute CapEx and broader megacap rotation; some pieces call the stock in correction territory. Read More.
• Negative Sentiment: Service reliability: a recent YouTube outage (tens of thousands affected) briefly tests trust in Google’s consumer platforms and could draw short-term media attention. Read More.

Insider Transactions at Alphabet

In other news, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the transaction, the chief accounting officer owned 9,916 shares of the company’s stock, valued at $3,337,229.80. The trade was a 8.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $306.73, for a total value of $184,038.00. Following the completion of the sale, the director owned 20,624 shares in the company, valued at approximately $6,325,999.52. This represents a 2.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 2,032,408 shares of company stock valued at $94,926,707. 11.64% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have issued reports on GOOGL. Daiwa Securities Group increased their target price on shares of Alphabet from $333.00 to $380.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Piper Sandler reissued an “overweight” rating and set a $395.00 price objective (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. CICC Research increased their target price on Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Finally, Loop Capital raised Alphabet from a “hold” rating to a “buy” rating and boosted their price target for the stock from $260.00 to $320.00 in a research report on Tuesday, November 18th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $363.10.

Alphabet Stock Performance

Shares of GOOGL stock opened at $303.33 on Thursday. The firm has a market capitalization of $3.67 trillion, a price-to-earnings ratio of 28.06, a price-to-earnings-growth ratio of 1.77 and a beta of 1.09. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The business has a fifty day moving average of $320.40 and a 200 day moving average of $277.29. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. As a group, research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.